U.S. approves GM plans to buy certain Delphi assets queryvar=”us,approves,gm,plans,to,buy,certain,delphi,assets”; Automotive News | September 3, 2009 – 11:31 am EST WASHINGTON (Reuters) — U.S. antitrust officials today approved plans by General Motors Co. to acquire certain assets of bankrupt Delphi Corp. GM is purchasing Delphi’s global steering business and four of the parts supplier’s [...]
GM seeks Opel aid from Spain, U.K., Poland, newspaper says queryvar=”gm,seeks,opel,aid,from,spain,uk,poland,newspaper,says”; Staff and wire reports Automotive News | September 3, 2009 – 12:01 am EST MUNICH — General Motors Co. expects that the governments of Spain, Britain and Poland will provide it with 1 billion euros ($1.43 billion) in aid for its Opel unit, [...]
Workers refuse to help GM-controlled Opel, union says Germany tells GM to sell Opel or pay back bridge loan queryvar=”workers,refuse,to,help,gm-controlled,opel,union,says”; Automotive News | September 3, 2009 – 7:16 am EST RUESSELSHEIM (Reuters) — Opel’s senior labor leader threatened General Motors Co. that the European carmaker’s work force would not pitch in to reduce $1.2 [...]
Auto Inventory at 24-Year Low May Spur Profit, Output By Keith Naughton Sept. 2 (Bloomberg) — General Motors Co., Ford Motor Co. and Chrysler Group LLC may be able to boost production and cut profit-sapping incentives as unsold vehicles at dealers plunged to the lowest level since at least 1985. Inventory at the [...]
Thursday, September 3, 2009 Big Three get image boost Scott Burgess / The Detroit News An overwhelming percentage of new-car buyers said they would consider a vehicle made by Detroit’s Big Three, according to a survey released Wednesday by the Consumer Reports National Research Center. The nationwide survey found that 81 percent of new-car buyers [...]
